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Wednesday, October 30, 2019

TOP 10 RICHEST PERSONS IN THE PHILIPPINES




The top 10 richest in the Philippines are:

  1. Sy siblings; US$17.2 billion
  2. Manuel Villar; $6.6 billion
  3. John Gokongwei, Jr.; $5.3 billion
  4. Enrique Razon, Jr.; $5.1 billion
  5. Jaime Zobel de Ayala; $3.7 billion
  6. Lucio Tan; $3.6 billion
  7. Tony Tan Caktiong; $3 billion
  8. Ramon Ang; $2.8 billion
  9. Ty siblings; $2.6 billion
  10. Andrew Tan; $2.55 billion
  11. The list was compiled using information from the individuals, stock exchanges, analysts, private databases, government agencies and other sources. Net worths were based on stock prices and exchange rates as of the close of markets on September 6. Private companies were valued by using financial ratios and other comparisons with similar publicly traded companies. Since 2017, the list no longer includes families in which the founder of the business has died, unless the successors are wealthy enough to make the cut off individually; in these cases, inherited fortunes are combined.

    For more information, visit www.forbes.com/philippines.

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